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Property profile & analytics
OFF-MARKET
Commercial real estate
859 Thomas St Crown Point, IN 46307-3442
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US31-0303242
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2003
Construction
WOOD
Total area
4,620 SF
Lot
0.48 ac (21,111 SF)
APN
45-16-05-427-007.000-042
UPID
US31-0303242
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hawkins Excavating General Contractor Construction Company
-
Knight Automotive LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Templin Properties New Lenox LLC · 2 yrs held
Templin Properties New Lenox LLC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Crown Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crown Point submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$4,080
Tax year 2022
Assessed value
$174,200
Assessed 2023
Previous assessed
$174,200
+0.0% YoY
Effective rate
2.34%
On assessed value
Assessed land
$57,000
Assessed improvement
$117,200
Land market value
$57,000
Improvement market value
$117,200
Total market value
$174,200
Applied tax rate
42.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2003
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,620 SF
Lot
0.48 ac (21,111 SF)
APN
45-16-05-427-007.000-042
UPID
US31-0303242
Jurisdiction
LAKE
Metro division
GARY, IN METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2003
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Templin Properties New Lenox LLC
Entity
Mailing address
669 FAIRWAY LN, FRANKFORT, IL 60423-9516
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2024
—
Templin Properties New Lenox LLC
Wdk Properties LLC
Warranty Deed
—
Dec 30, 2010
—
Joe & Kyle LLC
Lawntek INC
Quit Claim Deed
related
—
Apr 28, 2010
—
Lawntek INC
Hawkins Excavating INC
Grant Deed
—
—
—
Wdk Proeperties LLC
—
Deed Of Trust
related
$154,000 · Regional Development Co
—
—
Lawntek INC
—
Deed Of Trust
related
$225,000 · Justin Tauber
—
—
Hawkins Excavating INC
—
Deed Of Trust
related
$138,000 · Hfs Bank Fsb
—
—
Hawkins Excavating INC
—
Deed Of Trust
related
$160,000 · Mainsource Bank
—
—
Hawkins Excavating INC
—
Deed Of Trust
related
$20,000 · Hfs Bank Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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